ECONNECT ENERGY AS

Organization

CEO: MA
Morten Angset Christophersen1987
Chairman of the board: TS
Torkel Storflor Halmø1975
Years since formation: 13 years; since Oct 17, 2012
Type: Limited company
VAT registered: Yes
Number of employees: 33

Ownership

Number of shares and share classes: 5,986,523; 1 share class
Total number of shareholders: 34; 13 companies, 21 persons

Financials

Total operating income 2024: 1,061,125,729; NOK
Annual total result 2024: 165,560,857; NOK
Total equity 2024: 159,454,812; NOK

Last update: Sep 9, 2025

Management

Management / administration

Name	Role	Shares
MA Morten Angset Christophersen 1987	Managing Director/CEO	13.32 % indirectly

Board

Name	Role	Shares
GH Geir Henning Sviggum 1976	Board Member	-
PH Per-Olaf Hustad 1952	Board Member	-
TS Torkel Storflor Halmø 1975	Chairman	1.43 % directly 0.02 % indirectly 1.41 %
HM Hilde Merete Aasheim 1958	Board Member	-
KH Kristin Helene Holth 1956	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-
S SPAREBANK 1 REGNSKAPSHUSET SMN AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
MA Morten Angset Christophersen 1987	Managing Director/CEO	13.32 % indirectly
ME Magnus Eikens 1987	-	13.32 % indirectly
ME Miriam Emilie Thingvoll Wennberg 1987	-	12.53 % indirectly
DM David Mikal Knutsen 1986	-	12.2 % indirectly
SS Stian Sagmo Magnusson 1987	-	6.1 % indirectly
SM Sagmo Magnusson Hilde 1991	-	6.1 % indirectly
DH Dag Hylin 1958	-	2.97 % indirectly
KM Knut Martin Arder Hauge 1986	-	1.47 % directly
TS Torkel Storflor Halmø 1975	Chairman	1.43 % directly 0.02 % indirectly 1.41 %
LC Live Cathrine Halmø 1972	-	1.41 % indirectly

Last update: Jan 9, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
LN Lng New Technologies Pte. Ltd	Ordinary shares	927,745	15.5 %
T TECH INVEST AS	Ordinary shares	797,450	13.32 %
E EIKENS HOLDING AS	Ordinary shares	797,230	13.32 %
W WENNBERG TECHNOLOGY INVEST AS	Ordinary shares	750,353	12.53 %
S SOLSTRAND HOLDING AS	Ordinary shares	730,645	12.2 %
S SAGA MAGNUSSON AS	Ordinary shares	730,374	12.2 %
LC Landmark Capital Pte Ltd	Ordinary shares	607,257	10.14 %
T TERICA AS	Ordinary shares	176,223	2.94 %
B BLUE CRANE INVEST AS	Ordinary shares	163,124	2.72 %
KM Knut Martin Arder Hauge 1986	Ordinary shares	87,854	1.47 %
K KJELKA EIENDOM & INVEST AS	Ordinary shares	29,412	0.49 %
AI Arnfinn Ingar Unum 1956	Ordinary shares	29,412	0.49 %
D DAVE INVEST AS	Ordinary shares	29,412	0.49 %
JR John Randolph Holland 1953	Ordinary shares	17,648	0.29 %
S SELEN AS	Ordinary shares	15,228	0.25 %
JF Jørgen Fredrik Agerup 1985	Ordinary shares	11,766	0.2 %
B BUKTA HOLDING AS	Ordinary shares	11,698	0.2 %
JY Jikun You 1984	Ordinary shares	10,612	0.18 %
B BJARNE EIA & CO AS	Ordinary shares	10,612	0.18 %
E ECONNECT ENERGY AS	Ordinary shares	10,612	0.18 %
AB Andreas Brøske Danielsen 2000	Ordinary shares	9,804	0.16 %
AO Anna Oline Brøske Danielsen 2005	Ordinary shares	9,804	0.16 %
JB Jonas Brøske Danielsen 1997	Ordinary shares	9,804	0.16 %
EA Erik Axel Lönn 1984	Ordinary shares	6,064	0.1 %
TC Thu Clausen Hanne 1989	Ordinary shares	1,086	0.02 %
TS Torkel Storflor Halmø 1975	Ordinary shares	1,086	0.02 %
MA Mahmoud Assadi 1965	Ordinary shares	1,086	0.02 %
MA Marthe Almeland Mohn 1983	Ordinary shares	1,086	0.02 %
KS Kjetil Sjølie Strand 1978	Ordinary shares	815	< 0.01 %
WS Wenke Susanne Falkman 1976	Ordinary shares	543	< 0.01 %
BT Bjørn Thronæs 1960	Ordinary shares	271	< 0.01 %
SH Sæterdal Harald 1996	Ordinary shares	164	< 0.01 %
KK Kaja Knowles Kaas 1981	Ordinary shares	135	< 0.01 %
DM Danielle Marie Murphy-Cannella 1987	Ordinary shares	108	< 0.01 %

Shares owned by the ECONNECT ENERGY AS

Name	Share class	Total number of shares	Share
A AZANE FUEL SOLUTIONS AS	Ordinary shares	50,000	40.43 %
E ECONNECT ENERGY AS	Ordinary shares	10,612	0.18 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	1,061,125,729	542,778,289	215,388,715	20,649,741
Annual Total Result	165,560,857	115,678,490	28,801,612	-1,473,213
Total assets	503,372,155	675,185,760	293,900,366	69,571,645
Total liabilities	343,917,342	582,071,229	262,248,349	56,531,710
Total equity	159,454,812	93,114,531	31,652,017	13,039,935

P&L

Year	2024	2023	2022	2021
Total operating income	1,061,125,729	542,778,289	215,388,715	20,649,741
Total operating costs	871,309,617	400,733,672	181,457,967	22,291,075
Operating result	189,816,113	142,044,618	33,930,748	-1,641,334
Financial income/costs	22,736,814	6,392,634	3,020,958	-237,837
Profit before tax	212,552,927	148,437,252	36,951,706	-1,879,172
Total tax & extraordinary income/cost	46,992,070	32,758,762	8,150,094	-405,959
Annual Total Result	165,560,857	115,678,490	28,801,612	-1,473,213

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	27,876,468	30,274,141	14,793,284	14,492,639
Total current assets	475,495,686	644,911,619	279,107,082	55,079,006
Total assets	503,372,155	675,185,760	293,900,366	69,571,645
Short term debt	282,692,841	567,308,488	238,296,619	38,976,219
Long term debt	61,224,501	14,762,741	23,951,730	17,555,490
Total liabilities	343,917,342	582,071,229	262,248,349	56,531,710
Contributed capital	8,940,423	8,160,999	7,376,975	7,377,293
Retained earnings	150,514,390	84,953,533	24,275,042	5,662,643
Total equity	159,454,812	93,114,531	31,652,017	13,039,935
Total equity and liabilities	503,372,154	675,185,760	293,900,366	69,571,645

Classification

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

ECONNECT ENERGY AS999 017 762

ECONNECT ENERGY AS

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the ECONNECT ENERGY AS

Financials

Summary

P&L

Balance overview

Classification